As the recent surge in luxury home sales across the country is leading to an increase in the nation's median home price, Greenwich is also experiencing increased demand in its luxury market ($3M and over.) There has been a 300% year-over-year increase in November single family home sales in this price range.
With luxury market activity increasing, we spoke with Compass' Luxury Division to explore Greenwich's unique characteristics and the current real estate market.
The Luxury Division is devoted to promoting Compass' elite properties with elevated marketing and outreach to a comprehensive database of ultra-high-net-worth individuals with a total net-worth value exceeding $500 billion.